For their client of 15 years, Randy Dowis and Paul Engel from NAI Highland put this trophy industrial asset on the market for sale. Located in Colorado Springs, CO this center consists of four fully leased buildings totaling 213,240 sf and sits on +12.73 ac of land with +6.08 ac of extra land.
After vetting a small group of qualified buyers who already had a footprint Colorado or an appreciation for this kind of opportunity, a buyer was selected from multiple offers and a record-breaking price of $28,130,000 was agreed upon.
Randy and Paul are working with the new owner on plans to develop the surplus land and enhance the rent appreciation of the property.
